Reported 6 months ago
Super Micro Computer, a company known for building high-performance servers, has shifted its focus to the AI sector in recent years, resulting in a significant increase in its shares and revenue. With a revenue of $7.12 billion, the company made its Fortune 500 debut at No. 498, driven by the high demand for data center servers used in AI operations. Super Micro's strategy includes utilizing Nvidia AI chips and forecasting a revenue increase to $14.7-15.1 billion in fiscal 2024, emphasizing its enduring growth in the AI industry.
Source: YAHOO